CPO price increase only in Q1

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Nani Afrida,  The Jakarta Post ,  Nusa Dua, Bali   |  Thu, 12/03/2009 4:52 PM  |  Business

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The Indonesian Palm Oil Board (DMSI) has predicted the crude palm oil (CPO) cost counting add to merely in the primary quarter of 2010 to US$ 800 per ton, due to the worlds civilizing economy.
 
œThe cost determination go up in the primary quarter of 2010, but determination go downward in April due to rising supply, DMSI chairman Derom Bangun told reporters riches on the sidelines of the Indonesian Palm Oil Conference detained by Indonesian Palm Oil Producers (GAPKI) in Nusa Dua, Bali.
 
CPO is at present sold at $756 per ton in the earth market. The cost second-hand to decline at the end of the year.
 
GAPKI determination produce 20 compensation tons of CPO by the end of the year, up as of 19.2 compensation tons previous year.

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